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Commercial storefronts with a coffee shop and Campechano restaurant on Adelaide Street West.

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For Sale

506 Adelaide Street W, Toronto

506 Adelaide Street W, Toronto, Toronto C01, ON M5V 1T5, CA

$2,100,000 CAD

Mixed-use investment opportunity in Toronto's King West/Fashion District. The main floor and basement provide retail commercial space, with one residential unit on each of the second and third floors. Both residential units have been recently updated; the second-floor unit is expected to be vacant by November 30. Annual income is approximately $141,000, providing strong holding income and a reported cap rate above 5%. The property's historic character and Adelaide Street West location add long-term appeal. Potential for future redevelopment or adaptive reuse, subject to heritage requirements/Metrolinx approval and municipal approvals. One year FREE Property Management included, Ask LA for details. NOTE: One seller is a Registered Real Estate Saleperson. 2421 sq feet (2949 including basement) 2nd floor vaanting Novmeber 14th 2026

1,517.71 Sq.Ft. LIVING AREA

Features & Amenities

Area & Lot

Status For Sale
Living Area1,517.71 Sq.Ft.
Total Area1,517.71 Sq.Ft.
MLS® IDC13832474
TypeCommercial

Exterior

utilitiesAvailable
HEAT TYPEGas Forced Air Closed
AIR CONDITIONINGPartial
security FeaturesNo

Financial

Sales Price$2,100,000 CAD
Real Estate Tax $23,560 CAD/yr

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Contact Details

Harvey Kalles - Commercial Real Estate

Phone

(416) 441-2888

[email protected]

Address

2145 Avenue Rd Toronto, ON M5M 4B2

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